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12. Arthur Corporation has a margin of safety percentage of...

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Accounting

12.

Arthur Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $224,400 and the variable expenses are 45% of sales. Given this information, the actual profit is: (Do not round your intermediate calculations.)

a) $59,840

b) $41,140

c) $11,220

d) $30,855

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